Monthly Archives: January 2008

Blackstone and Citadel looking at stakes in Australia

HedgeCo.Net- The Australian Financial Review reported that US hedge funds Blackstone and Citadel have both flown teams into Australia to discuss buying a stake in troubled shopping centre owner Centro Properties Group. Australian institutions including AMP, Colonial First State and […]

A Hedge-Fund Mystery

CFO.com- Last August was a bad month for the hedge-fund industry. According to fund tracker Barclay Hedge Ltd., about 75 percent of the 2,600 or so hedge funds that reported results for the month showed a loss, of about 1.4 […]

Ritchie Capital defends hedge fund, warns investors legal action could ‘damage value’

Chicago Tribune- A week after some investors tried forcing it into bankruptcy, Lisle-based Ritchie Capital defended management of its multi-strategy hedge fund and warned other investors that the group’s legal action could “cause further damage to the value of your […]

GLG Scraps Dividend After Losses in 08

New York (HedgeCo.Net) – GLG Partners started off the new year by suspending its dividend payments, after capping off a year that saw a steady decline in share value.  This is the first time that GLG, who used to manage […]

South African Hedge Fund Index Returns 15.56%

West Palm Beach (HedgeCo.Net)- The South African Times reported that their hedge Fund Index returned 15.56% over one year to November, while the month-on-month growth rate dipped by 1.67%.   Director of Clade Investment Management Gavin Goldblatt said, “The volatility […]

Hedge fund RAB nudges up Northern Rock stake

Reuters- RAB Capital, a top investor in Northern Rock, has bought shares in the bank for the second time in two days, raising its stake to 7.5 percent ahead of a January shareholder meeting, a filingshowed on Friday. RAB and […]

PHH ends proposed merger with GE

Reuters- Mortgage and vehicle fleet company PHH Corp (PHH.N) said on Tuesday it terminated its nearly $2 billion sale to General Electric Co (GE.N) and Blackstone, after the private equity firm failed to obtain required financing for the deal. GE […]

Mark Mobius says hedge funds to target Pakistan

Times Online- One of the world’s most respected emerging market investors has pledged to keep his funds in Pakistan despite the turmoil unfolding in the country following last week’s assassination of former prime minister Benazir Bhutto. Mark Mobius, who runs […]

Bear Stearns hedge funds saga continues

Cayman Net News- The multi-billion dollar collapse of two Cayman Islands hedge funds managed by investment giant Bear Stearns is set to continue to make headlines into the New Year. As 2007 drew to a close, news was released that […]

Obstacles drag down ‘investable’ hedge fund indexes

NEW YORK — An investment product designed to copy the performance of the high-stakes hedge fund universe is struggling to live up to its copycat billing. Responding to the growing popularity of hedge funds, investors have gravitated to index funds […]

HedgeCo Investments Seeks Emerging Hedge Fund Managers with Intellect, Aptitude and Capacity

Holding Capital Group and HedgeCo form joint venture focused on incubation and capital introduction for gifted, early-stage investment managers New York, New York– January 31, 2007 – HedgeCo LLC, an industry leading financial services and information company, and Holding Capital […]

Rosseau Ranked No.1 Global Event-Driven Hedge Fund for 2006

HedgeCo.Net (New York) – Rosseau Limited Partnership, the $200 million hedge fund, ranked No.1 globally in the Event-Driven category by the Lipper/TASS Database for 2006.The hedge fund showed a 121.7% return. The hedge fund’s offshore equivalent, G-10 Rosseau Special Situations […]